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Bernadita
As a “sari-sari” (variety) store owner, Bernadita D. hopes that someday through her store proceeds she will be able to set up a savings fund to finance building a comfortable better house which would be able to accommodate all of her eight children. Though her store is currently small selling only a few varieties of grocery items, foodstuffs and beverages as per the definition of “sari-sari”, Bernadita is still hopeful that her aspirations will come true in future as she is able to request another loan after paying off the previous one. This will help her to support the growth of her business resulting in much greater profit.

Because life was very poor for Bernadita before she joined ASHI and her husband is only a small-time hired laborer, she wasn’t able to support the education of her five older children. All of them have only reached high school thus they are not able to be employed where they would receive a regular higher salary. Despite this, Bernadita still feels happy because her two sons are able to have their own livelihood as a security guard and a hired driver. Nevertheless, she still wants her three younger children to be able to graduate from college and have their own careers in future which is much better that what she and her husband have.

Additional Information

About ASHI

Ahon Sa Hirap, Inc. has the distinction of being the oldest existing replication of Grameen methodology for delivering credit to the poor in the Philippines. With more than a third of the nation’s 90 million Filipinos living below the poverty line, ASHI was established with the vision of helping to alleviate poverty in the Philippines. Translated from Tagalog, Ahon Sa Hirap means “to rise above poverty.”

Empowering women dedicated to supporting their families through hard work and dedication, ASHI lends 100% to women and specifically the bottom 50%, so the “poorest of the poor.” In addition to general business loans, ASHI also offers educational loans, house repair loans, savings funds, and social development programs for its members. ASHI is committed to translating its social mission into practice.

About Philippines

  • $1175
    Average annual income
  • 343
    View loans »
    Philippines Loans Fundraising
  • $52,187,100
    Funds lent in using Kiva
  • 46.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Bernadita to purchase bulk grocery items, foodstuffs and beverages to add to her store's inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2010
Listed
Jun 5, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 30, 2011